The US broadcasts a notice to find victims to invest in FTX to provide information, will it be difficult for Sam Bankman-Fried to escape crime?

Tram Ho

FTX currently has 50 major creditors and 1 million crypto investors who fell victim to the crash earlier this month.

Mỹ phát thông báo tìm nạn nhân đầu tư vào FTX để cung cấp thông tin, Sam Bankman-Fried sẽ khó thoát tội? - Ảnh 1.

The US authorities are asking crypto investors and trading companies that work closely with FTX to provide information about the company and its key figures, including founder Sam Bankman- Fried and former investment arm of Alameda Research, Caroline Ellison.

According to Bloomberg’s sources, the Federal Prosecutor for the Southern District of New York recently sent out a series of notices, asking recipients to voluntarily provide information about a list of FTX employees and associates.

Those receiving the notifications included companies that regularly trade on FTX and may have had conversations with platform executives or hold other information that could help with criminal investigations. Such requests are often used to initiate exploration of potential sources of information held by witnesses, investors or clients without requiring a grand jury subpoena.

Attorneys from the U.S. Securities and Exchange Commission (SEC) enforcement division are also conducting a parallel civil investigation into the collapse of the FTX exchange. The agency has sent similar requests for information to companies that invest or trade on the cryptocurrency platform.

The agency is seeking to learn more about those companies’ ties to the former crypto giant, as well as communications with former top officials at FTX and Alameda, including Bankman- Fried and Ellison. The SEC is also trying to better understand what the FTX representative told investors and whether there is any misrepresentation that violates securities laws.

The moves show that authorities are casting a wide net as they embark on an investigation into the collapse of FTX, considering what the company and its leaders have told investors investors and customers when the exchange collapsed last month. So far, authorities have not charged anyone with wrongdoing.

Galaxy Digital CEO Mike Novogratz, whose crypto financial services firm disclosed a $76.8 million investment in FTX. He acknowledged in an interview on Bloomberg Television on Thursday that authorities had contacted companies that had interactions with FTX.

“Generally yes,” the prominent crypto investor said when asked if the SEC, Commodity Futures Trading Commission, or the Department of Justice have any contact with FTX clients like his own. . He declined to elaborate further.

“The managers are very embarrassed,” he said. Sam has gone too far.”

For his part, when asked about concerns about being criminally liable for the collapse of FTX, Bankman-Fried said: “Personally, I don’t think I should be held liable.” The former CEO further shared that he said this despite his lawyer’s wish not to share or answer publicly about FTX-related issues.

“I mean, the classic advice of any lawyer is: Don’t say anything, be as quiet as possible. However, I feel it’s my responsibility to share it with everyone. I’m doing everything I can to do the right thing. I also think there’s a time and a place for me to think more about myself and my future,” Bankman-Fried said.

Additionally, Bankman-Fried said he is committed to supporting the millions of FTX customers and stakeholders who have lost large sums of money as a result of the exchange’s collapse.

Earlier this month, Bankman-Fried stepped down as CEO of FTX after the exchange suffered a liquidity crisis and was accused of misusing customer funds to support Bankman-Fried’s cryptocurrency trading firm Alameda Research.

A November 19 filing revealed that FTX owes its 50 largest creditors nearly $3.1 billion, and total liabilities are estimated at more than $10 billion. About 1 million customers and other investors have fallen victim to FTX.

Bankman-Fried is currently still in the Bahamas – where FTX has been headquartered for the past time. The former CEO denied that he was hiding out of fear of being detained by the US and said he was “thinking” about returning to the US.

Most recently, sharing with Axios on November 28, Bankman-Fried said his assets are now down to only $ 100,000 after the collapse of FTX.

Before that, at the “peak” period, Bankman-Fried owned up to $ 26 billion and was once the world’s richest billionaire under the age of 30 in the field of cryptocurrencies.

Source: Bloomberg

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